Disclaimer
Definition of "Disclaimer"
(1) Giving up an ownership claim to property. (2) Renunciation of a claim to real property.
Popular Real Estate Terms
Court action to order a compulsory sale of real estate owned jointly between two or more owners. A partition action divides the proceeds of a real estate sale among the joint owners rather ...
mortgage being reduced through periodic principal and interest payments. ...
Section of the Internal Revenue Code relating to depreciation. Capital improvements made to real property are depreciable. ...
To create an encumbrance. ...
Expected period that property will provide benefits. It is typically less than physical life of the property because the property continues to have physical life regardless of inefficiency ...
To obtain the right through authorization to act as a legal representative and agent for another. ...
Member Of the American Institute of Real Estate Appraisers. ...
(1) Government seizes private property, but does not provide fair and reasonable compensation for it. (2) Property is seized and the owners rights abolished because of a legal violation. ...
The phrase used for the period in which the escrow agent communicates to both the buyer and the seller as to what documents or moneys have to be deposited with the escrow agent to satisfy ...
Comments for Disclaimer
I signed a disclaimer without knowing what it was at the time. Now I am getting a divorce and he is selling. Will i still get half the property value?
Apr 18, 2022 15:49:37Hey Pamela! Thank you for reaching out to us! When it comes to disclaimers, it depends solely on what is specified in the disclaimer and what isn't. For this situation seeing as we have very limited information related to your situation, we advise you to either contact a real estate attorney or a divorce attorney in order to figure out the best corse of action.
Apr 19, 2022 11:51:36Have a question or comment?
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